Posted On July 28, 2022 Consumer Privacy & Data Breaches
July 28, 2022 – Gelt Finance, Inc. reported a data breach after the company was targeted in a recent cybersecurity attack. As a result of the breach, the names, email addresses, salted password hashes, driver’s license pictures, passport pictures, deposit and withdrawal history of user’s Gelt accounts, bank names, and copies of affected individuals’ bank statements of certain individuals were compromised. On July 12, 2022, Gelt Finance sent out data breach letters to those individuals whose information was affected by the breach.
The data breach lawyers at Console & Associates, P.C. are going to begin interviewing victims of the breach to determine what damages they sustained and what legal claims may be available to them. If you recently received a NOTICE OF DATA BREACH from Gelt Finance, Inc., contact us at (866) 778-5500 to discuss your legal options, or submit a confidential contact form for a free case evaluation.
Below is a portion of the letter that Gelt Finance, Inc. sent to individuals affected by the data breach:
Dear [Redacted],
We have detected unusual activity on one of our servers. Our response protocols were immediately initiated, shifting all traffic to isolated backup servers and rotating all third-party API keys.
Gelt is non-custodial by design, meaning user funds are not at risk (third parties, including Gelt, cannot access your funds; only you can, using your private key). Withdrawals for active depositors through the Gelt interface are uninterrupted and are always possible directly from the blockchain, independently of our company or product (see guide).
We have also engaged a leading cyber security and forensics firm to conduct a full investigation of the incident and of our infrastructure. We are diligently working with them to assess the situation and to determine whether any user or company data has been impacted. We will update you as soon as a final assessment has been made, typically within 2-4 business days.
Please be aware that our team will never ask for your Gelt or any other passwords. If you do receive suspicious communication from someone you believe is impersonating Gelt, please reach out to our customer success team on support@gelt.finance or on our live chat on gelt.finance.
